Collateral Analyst (Toronto)

Collateral Analyst (Toronto)

03 Oct
|
FP
|
Toronto

03 Oct

FP

Toronto

Location: Hybrid (Downtown, Toronto) Duration: 6 months Our client, a leading financial institution in Downtown Toronto, is looking for a Collateral Analyst to Issue and respond to OTC collateral margin calls. The successful candidate will have the prospect to work with one of the Top 5 Banks in Canada.

Typical Day in role: Variation and Initial Margin Requirements - Validating and ensuring all margin calls are issued on a timely basis and perform end to end margin processes

- Ensure agreement and transfer of eligible credit support within specified timeframe in accordance to the terms of the CSA
- Management of collateral inventory (non-cash) positions to ensure sufficient levels to fulfill daily margin requirements,
- Instruct and approve collateral movements via SWIFT/email and or FAX
- Perform cash forecasting as required intra-day
- Perform portfolio and collateral reconciliations with counterparties
- Escalate all issues as per agreed terms and standing orders
- Responding to inquiries on a timely basis Operational Controls and Reporting - Involved in business user testing for enhancements and system integration
- Operational onboarding of new and/or existing counterparties for applications and services related to the collateral management process
- Updating of procedure documents as required
- Ensuring client data is accurately maintained in the collateral management system and other documents as required




- Assist in preparation of margin requirement/funding report and other ad-hoc reports as required Administrative - Respond to audit requests
- Provide extended coverage during absence of team members (e.g. vacation) Must-Have Skills:
- 1 to 4 years of experience in the financial industry, preferably Capital Markets
- Understanding of RBFG risk policies and standing orders
- Proficient in use of Microsoft Office suite (adept in Excel)
- Knowledge of Capital Market products, trade systems and business lines
- Working knowledge of derivative products and related documentations Nice-To-Have Skills:
- CSC or CFA certifications Soft Skills Required:
- Demonstrated ability to multitask effectively and work in a quick-paced environment
- Strong analytical and problem-solving skills
- High degree of accuracy and attention to detail
- Excellent verbal, written, and interpersonal skills, and the ability to work collaboratively with diverse groups of people across the organization Education:
- Bachelor’s/ Master’s in Finance FP Inc. is committed to creating an inclusive environment where all team members and clients feel like they belong. In accordance with the requirements set out in the Employment Standards Act, FP Inc. hereby declares that AI is utilized in the screening process for this position. The hourly compensation range for this role is C$30 - C$47. We seek applicants with a wide range of abilities, and we provide an accessible candidate experience. We advocate for you and welcome anyone regardless of race, colour, religion, national origin, sex, physical or mental disability, or age.

📌 Collateral Analyst (Toronto)
🏢 FP
📍 Toronto

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